31 answers on tax, VAT, bookkeeping, payroll and company formation.
Our fixed monthly plans start from £39/month depending on business type and services needed. Use the pricing calculator on our Pricing page for an instant estimate.
HMRC requires you to keep records of income, expenses, bank statements, and receipts for at least five years after the submission deadline. We provide a free checklist to help.
Yes, we support clients through HMRC enquiries and investigations, from initial correspondence through to resolution.
We handle the entire handover, including requesting records from your previous accountant, at no extra cost.
Yes — every new client gets a free, no-obligation 20-minute consultation before signing up.
You must register once your VAT-taxable turnover exceeds £90,000 in a rolling 12-month period, though you can register voluntarily earlier.
MTD requires VAT-registered businesses to keep digital records and submit returns using compatible software, which we set up as part of our VAT service.
Most businesses file quarterly, though monthly and annual schemes are also available depending on your circumstances.
In many cases, yes — VAT on goods bought up to 4 years and services up to 6 months before registration can often be reclaimed.
It depends on your turnover and expense pattern — we compare standard, flat rate and cash accounting schemes during your consultation.
Self Assessment is HMRC's system for reporting income not automatically taxed, used by sole traders, landlords, and company directors.
Online returns and payment are due by 31 January following the end of the tax year, with a second payment on account due 31 July.
Generally, any cost incurred wholly and exclusively for business purposes — including home office costs, travel, and equipment.
Corporation Tax is paid by limited companies on their taxable profits, currently due 9 months and 1 day after the company's accounting period ends.
You may owe Capital Gains Tax when selling a property that isn't your main residence — we calculate this and advise on reliefs available.
The Construction Industry Scheme applies to contractors and subcontractors in construction, requiring tax to be deducted at source on payments.
Inheritance Tax is generally charged at 40% on estates above the £325,000 nil-rate band, with several reliefs and exemptions available.
We recommend weekly reconciliation for active businesses to keep your numbers accurate and avoid a year-end scramble.
We work with Xero, QuickBooks, Sage, FreeAgent, Dext and Hubdoc, and can recommend the best fit for your business.
Yes, we handle full data migration from spreadsheets or other software as part of onboarding.
Bookkeeping is the day-to-day recording of transactions; accounting uses that data to prepare statutory accounts, tax returns and financial insight.
Payroll is priced per employee per month, bundled into our Business and Enterprise plans, or added individually to Starter and Growth.
Yes, we manage the full auto-enrolment process, including assessing eligibility and submitting pension contributions.
PAYE (Pay As You Earn) is HMRC's system for collecting Income Tax and National Insurance from employees' wages.
We handle company formation with Companies House, typically completed within 24 hours, including all required registrations.
An annual filing confirming your company's details are up to date with Companies House — we track and file this for you.
Yes, this is available as an add-on for clients who prefer not to use their home address publicly.
Typically within 24 hours once we have your details, though same-day formation is available in most cases.
Yes, we support UK-based clients as well as Pakistani businesses requiring FBR tax filing services.
All our plans run on a rolling monthly basis with just 30 days' notice to cancel — no long-term lock-in.
Book a free consultation via our Book Consultation page, and we'll take it from there.